Egyptian mobile operator Etisalat Misr has reportedly postponed its plan to list on the Cairo stock exchange until market conditions improve, Reuters reports.
CEO Saleh al-Abdouli reportedly told a local newspaper that the impact of the uprising on the…
Egyptian mobile operator Etisalat Misr has reportedly postponed its plan to list on the Cairo stock exchange until market conditions improve, Reuters reports.
CEO Saleh al-Abdouli reportedly told a local newspaper that the impact of the uprising on the capital markets reduced the change of a share listing.
Etisalat Misr had reportedly approached eight investment banks with a view to listing a 15-20% stake this year.
The company did not reply to request for comments before press time.
